Kotak Mahindra Bank Updates SMS Alert Charges Effective December 7, 2025 – Latest News and Full Details

You have to pay Rs 0.15 per SMS fee if you receive more than 30 alerts per month.

Kotak Mahindra Bank SMS Alert Fees: What will result in Kotak Mahindra Bank SMS Alert Fees being charged?

If you are a Kotak Mahindra Bank customer, you will have to pay this fee if you receive more than 30 SMS alerts every month.

This can include

1. UPI/NEFT/RTGS/IMPS transfers
2. Withdrawals from ATMs
3. Cash transactions
4. Deposit verification
5. Use debit and credit card, etc

Kotak Mahindra Bank SMS Service: Who won’t have to pay

The bank also clarified that certain sectors of its customers will not have to pay these fees. Those excluded are clients of private banking and non-resident accounts, among others.

Account/program name

1. Private banking services
2. A savings system linked to a variable interest rate
3. Solitaire
4. Kotak Easy Savings Account
5. Special League Program (Neon, Platinum, Black)
6. Pragati deposits
7. Non-resident accounts
8. Retail banking services, Real Estate Regulatory Authority savings account
9. Savings accounts for financial inclusion
10. FCRA utility account
11. Salary calculation for unified services
12. BSBDA Microfinance BSS
13. Easy savings account
14. Corporate savings account
15. Government Business Savings Account in Cuttack
16. Retail Banking Self Maintenance RERA SB A/C
17. Kotak Retail Corporate Savings Account
18. Escrow savings account
19. Salary calculation for public services
20. Xpress Limited KYC Savings Account
21. Corporate payroll tax refund calculation
22. Kotak FCRA Savings Account
23. SPENDS

Here is the full document

Kotak Mahindra Bank SMS Alert Fees: How to avoid paying Kotak Mahindra Bank SMS Alert Fees?

The bank said the fee will not be charged if customers maintain a grand total of Rs 10,000 in their savings/salary accounts. The average monthly balance and funds held with the bank in the form of term deposits will also be taken into consideration.

The statement on the bank’s website noted: “Please note: You will not incur any fees as long as your savings/salary account maintains a combined balance of INR 10,000 or more (including average monthly balance and term deposits).”

Also, if your account receives regular payroll credits depending on your account type, you won’t be able to either. This ensures that you continue to enjoy our services at no additional cost.

Kotak Mahindra Bank SMS Alert: What are all the fees charged by Kotak Mahindra Bank

The bank charges a set of fees divided under four subheadings

1. Basic service fees
2. Transaction fees
3. Transaction failure fees
4. Other fees

The entire list can be checked at the following link: https://www.kotak.bank.in/en/personal-banking/accounts/savings-account/saving-accounts-fees-and-charges.html